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American Express Reclassifies $1.6B in Loans for Sale

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American Express Reclassifies $1.6B in Loans for Sale

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An announcement from American Express ( (AXP) ) is now available.

In a recent update, American Express disclosed delinquency and write-off statistics for its U.S. Consumer and U.S. Small Business Card Member loans for the months ending June 30, May 31, and April 30, 2025. The company reclassified $1.6 billion of loans related to its Amazon small business co-brand portfolio to loans held for sale, impacting the reported figures for June 2025. The statistics reveal stable delinquency rates and write-off rates for both consumer and small business loans, with slight variations over the three months. This reclassification and the reported credit performance provide insights into the company’s financial health and operational adjustments, which may influence stakeholders’ perspectives on its market positioning.

The most recent analyst rating on (AXP) stock is a Hold with a $290.00 price target. To see the full list of analyst forecasts on American Express stock, see the AXP Stock Forecast page.

Spark’s Take on AXP Stock

According to Spark, TipRanks’ AI Analyst, AXP is a Outperform.

American Express’s strong financial performance and positive earnings call sentiment lead to a solid stock score. The company’s strategic investments and robust growth in card member spending underscore its resilience and long-term potential. However, technical indicators suggest possible short-term risks, and the valuation indicates a premium price, which tempers the overall score.

To see Spark’s full report on AXP stock, click here.

More about American Express

American Express Company operates in the financial services industry, primarily offering credit card products and services to both consumers and small businesses. It focuses on providing a range of payment, expense management, and travel solutions, with a significant market presence in the U.S. consumer and small business sectors.

Average Trading Volume: 2,764,699

Technical Sentiment Signal: Buy

Current Market Cap: $223.8B

See more data about AXP stock on TipRanks’ Stock Analysis page.

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